A target cut (even with a Neutral rating) can pressure the stock near term, and the cited demand weakness suggests potential follow-through over several sessions until new earnings/updates arrive.
Goldman Sachs Trims Bath & Body Works (BBWI) Target as Body Care Sales Decline Vardah Gill Wed, June 10, 2026 at 5:19 AM GMT+2 2 min read BBWI Bath & Body Works, Inc. (NYSE: BBWI ) is included among the 10 Best Dividend Stocks to Buy According to D. E.
Shaw . Goldman Sachs Trims Bath & Body Works (BBWI) Target as Body Care Sales Decline On June 1, Goldman Sachs lowered its price recommendation on Bath & Body Works, Inc. (NYSE:BBWI) to $23 from $26.
It reiterated a Neutral rating on the stock. In a research note, the analyst said body care sales declined in the mid-teens range, largely due to assortment and space limitations tied to collaborations, along with a reduction in underperforming Everyday Luxuries products. Management noted that the category remains healthy and expects innovation, changes in marketing strategy, and stronger core offerings to help drive a return to growth by 2027.
On May 28, Telsey Advisory analyst Dana Telsey reduced the firm’s price goal on Bath & Body Works to $22 from $25 and maintained a Market Perform rating. The analyst told investors that the firm was encouraged by improved operating expense deleverage and stronger sales trends. Telsey lowered its target to reflect ongoing macroeconomic concerns and the possibility of inflationary pressures.
Bath & Body Works, Inc. (NYSE:BBWI) is a global omnichannel retailer specializing in personal care and home fragrance products. The company offers a wide range of body and home fragrances, including 3-wick candles, home fragrance diffusers, fine fragrance mists, liquid hand soaps, body lotions, and body creams.
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